The relationship of the GDR to the World Bank Group

Wilhelm Bruns

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International Development and Aid International Relations and Foreign Policy Economic, financial, and policy analysis

Abstract

In the World Bank’s last annual report the Federal Republic of Germany was described as a leading member of the World Bank Group (IBRD, IFC and IDA). The Federal Republic has subscribed about $ 1.4 bn to the capital of the World Bank and to date contributed $ 1.1 bn to IDA. The second German state, the German Democratic Republic (GDR), on the other hand, is taking a negative attitude to the World Bank Group. Why does it do so?

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1975Foreign aid: its speckled past and future prospects

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